DnB NORD Bankas revises deposit rates

Taking into account changes on international and domestic money markets AB DnB NORD Bankas, a member of international financial group, has changed time deposit rates for individual customers.

Starting from June 30, AB DnB NORD Bankas reduces deposit rates for medium-long term deposits by approximately 0.21 percentage point in LTL. Short term deposit rates (up to 6 months) are unchanged. For example, individual customers while placing time deposit in the branch in LTL for 3 months period will receive 7.30 percentage point annual interest.

Interest rates up to two-year-term denominated in Euro and US Dollar are reduced by respectively 0.23 and 0.20 percentage point.

For customers who place term deposits via DnB NORD Internet banking system the bank will pay its customers 0.25 percentage point premium on standard rates so, for example, the annual rates for popular one-year time deposits in LTL for individual customers will increase to 9.30 percent.

Deposits of customers held within AB DnB NORD Bankas are secured by the state company “Deposit and Investment Insurance” in accordance with the Law on Insurance of Deposits and Liabilities to Investors of the Republic of Lithuania.